Dec 28, 2012 5:30pm PST
valley. >> glor: and that is not all. apart from the fiscal cliff febate, some other laws are due to expire january 1, and that could cost americans plenty. ar starters, the payroll tax break will end. illial security taxes will go from 4.2% back to 6.2%. if the farm bill is allowed to expire, it is feared milk prices could rise sharply. hundreds of american families famiheartbroken tonight after russian president vladimir putin banned all adoption of russian children by americans. it is believed to be retaliation for a new u.s. law that targets human rights abuses in russia. in the past two decades, more , mo 60,000 russian children have been given new homes inside the u.s. it elaine quijano met one family whose adoption is now on hold. >> look at this. look. >> reporter: two years ago kim and robert summers decided to adopt from russia. it took nearly 18 months, but last july, the couple was matched with a 15-month-old boy. enen you saw his picture for the first time, what did you think? k i knew that this was the child i was meant to parent. and i took one look at this little g
Dec 23, 2012 5:00pm PST
: but would you be in favor of changing some laws, like, for example, banning these assault weapons? >> i would love to see what comes out of the committee. i think with vice president biden putting together a holistic approach to the challenges we face as a nation, looking at the opportunity we have to seriously address all the issues from mental illness to other issues, understanding what happened and why. after we have those answers we'll be in a much better position to decide the path forward. >> schieffer: let's talk a little bit about the fiscal cliff. you know, the speaker took a deal to the president, and then took it to his own caucus, and he didn't have the votes. he couldn't deliver the votes to guarantee his own proposal. what happens now? >> well, i think it's important for us to note that the house has acted already. the house, we've passed sequestration on four occasion. we've extend all the tax cuts and now we wait for a response from the other side. we stand prepared to be here in washington whenever the president or the senate has a proposal that we can take and act on.